financetom
Business
financetom
/
Business
/
TCS’ Rajesh Gopinathan: Indian companies ahead of global peers in digital payments business
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
TCS’ Rajesh Gopinathan: Indian companies ahead of global peers in digital payments business
Sep 30, 2019 1:13 AM

CNBC-TV18 has put Indian equity on the map of India, said Rajesh Gopinathan, managing director and chief executive officer of TCS, in an interview to CNBC-TV18 as it celebrates its 20th year in a new office.

“The opportunity is to think about how we put Indian companies and Indian opinion on the global map. The themes are similar but the locus of action is shifting eastwards therefore, the locus of opinion should also shift eastwards,” he added.

Talking about the digital medium, he said, “I consume your channel mostly on digital. I would say 80 percent of the consumption of your channel is on the go and that’s an amazing part.

“We are seeing many companies leapfrog on the digital journey. The real thing is that our consumer to consumer interaction is getting digitized massively. Therefore, there are two big areas where we are seeing Indian companies

On corporate taxes, which were reduced earlier this month, Gopinathan said: “It's early days and as we get into the implications of it people will start digesting it. People also need to get comfortable as to how it will get played out because there are transitions into it.”

On IT in India, he said: “The real opportunity for India continues to be on the intellectual space across full spectrum of it whether it is pure services or all the way to intellectual products being exported out.”

“The reality is that we need to make sure that the full spectrum of society benefits from it and therefore, manufacturing economy also kicking in and providing the jobs across full spectrum is a key part of it,” Gopinathan added.

First Published:Sept 30, 2019 10:13 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
TAL Education Group's Fiscal Q2 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell
TAL Education Group's Fiscal Q2 Adjusted Earnings, Revenue Rise; Shares Up Pre-Bell
Nov 1, 2024
05:45 AM EDT, 10/24/2024 (MT Newswires) -- TAL Education Group ( TAL ) reported fiscal Q2 non-GAAP earnings Thursday of $0.12 per diluted American depositary share, up from $0.10 a year earlier. Analysts polled by Capital IQ expected $0.10. Net revenue for the fiscal quarter ended Aug. 31 was $619.4 million, up from $411.9 million a year earlier. Analysts surveyed...
China's Hesai to press on with US lawsuit after being reinstated to blacklist
China's Hesai to press on with US lawsuit after being reinstated to blacklist
Nov 1, 2024
Oct 24 (Reuters) - Hesai Group on Thursday said it plans to continue its legal process against the U.S. after the Pentagon reinstated the lidar manufacturer on its blacklist of Chinese firms allegedly working with Beijing's military. The U.S. Justice Department said in a court filing last week that the Pentagon removed Hesai from the blacklist, but planned to relist...
Tesla Soars In Thursday Pre-Market: Here's What's Driving The Surge
Tesla Soars In Thursday Pre-Market: Here's What's Driving The Surge
Nov 1, 2024
Shares of Tesla Inc. ( TSLA ) surged 10.93% in pre-market trading on Thursday, following the release of its third-quarter financial results. What Happened: At the time of writing, Tesla was up at $237.00 while it closed at $213.65 on Wednesday, Benzinga Pro data revealed. The Elon Musk-led EV giant reported its earnings after the market hours on Wednesday. It...
Boeing Stock Falls Deeper In Red Premarket As Troubles Mount
Boeing Stock Falls Deeper In Red Premarket As Troubles Mount
Nov 1, 2024
Boeing Co ( BA ) saw its shares fall by 3.01% in pre-market trading on Thursday following the release of its third-quarter financial results. The aerospace company reported a 1% decline in revenue compared to the previous year. What Happened: As per Benzinga Pro, Boeing ( BA ) was trading at $152.33 at the time of writing after closing at...
Copyright 2023-2026 - www.financetom.com All Rights Reserved